Apex Trading @ApexTrading6
Technical Analyst. Fund Manager. Advisor #Bitcoin CMT level 1 Kensington, London Joined October 2022-
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#Bitcoin Weekly trend suggests that a big move will happen soon, as trend is getting squeezed. Also important to note Massive futures positions being put on in $BTC & $ETH this morning, ETH on negative funding. Looks like shorts.
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Important to keep an eye on. $SPX off the open is one-sided into resistance. Signs of acceptance of higher However structure is weak and still early.
Apex Trading retweeted
Fortunes have been lost going short a market because it was extremely overbought on RSI, Stochastics, sentiment, MACD, you name it The best bull markets become and remain grossly overbought longer than doubters can remain solvent
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